May 19, 2023, Advanced Micro Devices Inc. (NASDAQ: AMD) trading session started at the price of $106.36, that was -1.95% drop from the session before. During the day, the shares moved up to $107.29 and dropped to $104.6201 before settling in for the closing price of $107.93. A 52-week range for AMD has been $54.57 – $109.57.
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A company in the Technology sector has jumped its sales by 35.10% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -67.30%. With a float of $1.61 billion, this company’s outstanding shares have now reached $1.61 billion.
In an organization with 25000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is +36.03, operating margin of +6.84, and the pretax margin is +5.02.
Advanced Micro Devices Inc. (AMD) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Advanced Micro Devices Inc. stocks. The insider ownership of Advanced Micro Devices Inc. is 0.50%, while institutional ownership is 70.70%. The most recent insider transaction that took place on May 15, was worth 375,151. In this transaction Chief Accounting Officer of this company sold 3,873 shares at a rate of $96.86, taking the stock ownership to the 7,553 shares. Before that another transaction happened on May 05, when Company’s Chief Technology Officer & EVP sold 30,000 for $85.14, making the entire transaction worth $2,554,200. This insider now owns 1,516,945 shares in total.
Advanced Micro Devices Inc. (AMD) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 3/30/2023, it has been observed that the corporation posted $0.6 earnings per share (EPS) during the time that was better than consensus figure (set at $0.56) by $0.04. This company achieved a net margin of +5.59 while generating a return on equity of 4.24. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.73 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -67.30% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.61% during the next five years compared to 21.90% growth over the previous five years of trading.
Advanced Micro Devices Inc. (NASDAQ: AMD) Trading Performance Indicators
You can see what Advanced Micro Devices Inc. (AMD) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.70. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.53. Likewise, its price to free cash flow for the trailing twelve months is 69.00.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.24, a number that is poised to hit 0.57 in the next quarter and is forecasted to reach 4.08 in one year’s time.
Technical Analysis of Advanced Micro Devices Inc. (AMD)
Let’s dig in a bit further. During the last 5-days, its volume was 71.97 million. That was better than the volume of 61.98 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 93.85%. Additionally, its Average True Range was 4.19.
During the past 100 days, Advanced Micro Devices Inc.’s (AMD) raw stochastic average was set at 95.25%, which indicates a significant increase from 91.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 60.78% in the past 14 days, which was higher than the 48.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $93.34, while its 200-day Moving Average is $79.30. However, in the short run, Advanced Micro Devices Inc.’s stock first resistance to watch stands at $107.20. Second resistance stands at $108.58. The third major resistance level sits at $109.87. If the price goes on to break the first support level at $104.53, it is likely to go to the next support level at $103.24. Assuming the price breaks the second support level, the third support level stands at $101.86.
Advanced Micro Devices Inc. (NASDAQ: AMD) Key Stats
There are 1,610,362K outstanding shares of the company, which has a market capitalization of 173.81 billion. As of now, sales total 23,601 M while income totals 1,320 M. Its latest quarter income was 5,353 M while its last quarter net income were -139,000 K.
